tv MONEY With Melissa Francis FOX Business December 26, 2012 12:00am-1:00am EST
a controversial new ad claims the oil giant is ruining kid's futures. you have to see this to believe it. the man behind this. will join us in a fox business exclusive. plus, money's executive roundtable gets the real pulse of businesses. does speaking out against president obama hurt their bottom line and will higher taxes be as bad for businesses as some say? all that and everything in between from three top leaders. yikes! for yelp users. one woman post as scathing review of the business. now the owner is suing her for $750,000. does he have a case? he is is here it make it. even when they say it's not it is always about money. gamine application in nevada. to o melissa: exxon hates your children, not my words. those are the words of a new
campaign absolutely blasting the oil company and the industry. watch this. >> here at exxon we hate your children. we all know that the climate crisis will rip their world apart. but we don't care. because it is making us rich. >> that's right. every year congress gives the fossil fuel industry over $10billion in subsidies. that is your tax dollars lining our pockets, making a fortune, devoiding your kid's future. at exxon that is what we call good business. melissa: joining me now in a fox business exclusive is the executive director of oil change international. it is one of the groups behind the ad. steve, welcome to the show. >> thanks so much for having me. melissa: i understand that this is a parody and it is meant to start the discussion and that's why we're having you on tonight and i'm going to rise right to the bait and tell you as a mom of small kids and someone who follows industry closely i'm totally offended how disingenuous the words in your ad are. let's start with some of
them. you say congress gives the fossil fuel industries, 10 dal billion your subsidies? no they're not. they're exxon hard-earned profit. not giving them to the government to feed the beast that keeps spending and spending our money. instead they're allowed to hang onto a small portion of their profits. >> that is actually not really accurate. there have been numbers of studies, most recently from the organisation for economic co-operation and development but also last year we saw a bill proposed in congress from senator sanders and representative elliso, all of which identify over $10 billion annually that are going to the fossil fuel industry in subsidies. melissa: but you say hard-earned dollars. congress doesn't have any money. they don't have money to give the money they have is my money taken from me. it is companies money they have paid in. it is tax revenue. exxon is hanging on to earnings, rather these are
deductions rather than sending even more tax dollars they're paying less tax based on investments they're making. you're calling those things subsidies. that is not congress's money that is exxon's money hanging on to but they'r not taking money back. they're hanging onto the money they have earned. do you understand that point? >> i disagree with your perspective. basically i pay taxes. you pay taxes. melissa: on pays taxes? >> exxon does not pay their fair share. they get tax breaks that are written into the law by their very highly-paid lobbies and supported by the many congresspeople who they give millions of dollars to every year in election campaigns. melissa: but still you said tax breaks. that is tax breaks that is their money hanging on to. it is not money they're getting back from congress. it is their money. >> it is money that everyone else has to pay. you know they get a special tax break for, for instance, if they want to make a
project internationally they have a special government-backed loan program at u.s. export import bank. last year that program alone provided $10.4 billion fossil fuel subsidies. melissa: can i ask you better for my children and went out like the navy and spent $26 a gallon on biofuels or the air force which is spending $59 a gallon would that be better for my children we were all doing it. i don't like the air force and navy doing that. that is bad for my children's future because it runs up the deficit. >> the best thing for my children's future, i have two boys, one 10 years, one ten months and i'm worried about climate change and their future. we need to stop encouraging industry causing this problem, oil industry, gas and coal industries, and need to start encouraging clean energy if we ever to solve it. the very first place to stop is -- start to stop giving these subsidies. it is a no-brainer.
vast majority of americans of all parties actually support this perspective. melissa: without affordable energy we have no economy. and that is for sure bad for my children. we have no jobs. we have no industry. no energy. >> why is the fastest growing new source of energy country in wind energy or distributed solar on people's roofs. melissa: because it is completely supported by the government and by my tax dollars. >> not even close as much as --. melissa: we have absolutely no money to spend on these things. do you know what they are made of. >> big oil, gas and coal are much more heavily subsidized. melissa: you and i disagree what a subsidy is, which is fine a debate for another time and one we already have and agree to disagree. do i know crayons are made out of petroleum. without pet tlol yum we don't have crayons. >> maybe that essential use of we don't need to drive our cars with petroleum. melissa: we do, because i don't want to pay $59 a gallon for biofuel.
>> we need to use the government and taxpayer dollars wisely to use technology that actually doesn't exacerbate climate change and --. melissa: electricity comes from coal and nuclear. you like coal and nuclear? >> it also comes from solar and wind and i like them very much and they are --. melissa: go back to the price problem. >> i'm sorry you see it this way but you know the ad was designed to generate --. melissa: that is what i was going to say. >> we've gotten over 40,000 views in just one day on youtube. we've gotten, we're pretty much at our first, fund-raising goal of 10,000. melissa: yeah. >> and we've gotten 10,000 ares on facebook. i think people are --. melissa: you have achieved your purpose without question. i respect your opinion. i thank you so much for coming on. i think you achieved what you went out for was to get the conversation going. that is certainly what happened here. thank you for coming on and sharing your point of view. >> thank you so much. melissa: we have huge names today to really spill the
truth what all this tax talk and fiscal cliff concerns really mean for businesses an your money. jim amos, chairman of planet smoothie. we have the ceo of fast signs and the jamie richardson the vice president of white castle. we have a power panel on today. thank you all for joining us. i want to start with some news from clarence otis, ceo of darden restaurants. obviously he came out and said that the forecast for his company going forward is looking bleak for a couple of different reasons. he said the negative media coverage that focused on darden and how they might accommodate health care reform has really hurt the company. he was someone who came out and said they would have to go ahead and use many more part-time workers because obamacare was simply too expensive. there was a big backlash against that. so he is going to have to go ahead and as a result, they will keep their full-time workers on. they will really stuck with the cost of obamacare. he also said, you know, they're having a tough time
because people aren't coming into the restaurants because economy is bad. in my mind he spoke out. got punished for it. at the same time the economy is terrible. he is really struggling. at the end of the day he will not hire more people. this is a position a lot of business owners are in. jamie, what do you think about that. >> darden has great brands. it's a great company with great people. in the restaurant business you have to be resilient. we're all dealing with uncertainty. we thought it would be resolved by the election. we found out there is lot waiting to understand. fiscal cliff and everything else we're trying to face. so i think it is important we all continue to advocate we share what issues matter to our people and that we're part of that. melissa: but, jim, you know, he got punished for speaking out and he is still facing a really tough economic climate. it seems you can't win for losing. should you just keep your mouth shut at this point? >> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense and it's
unfortunate if in fact the case he has been punished either by the consumer or investors for that matter for speaking out personally or politically but here's the reality of the battlefield. noing's changed post-election. as opposed to pre-election. the uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about, frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: yeah. catherine, let me ask you,
when i look what happened in this case of darden because it seems like something that has happened to a bunch of different companies, my takeaway at the end of the day for sure they're not going to hire anyone and that's what we need more than anything right now. >> you're exactly right. what we need is jobs, jobs, jobs. and there is so much uncertainty out there right now with what is going to happen with taxes. we still don't know the full impacts of obamacare. hundreds of thousands of new regulations and we need to know what is going on to make good decisions and grow our businesses because of that. melissa: but, jamie, don't you think to a certain extent we know what is going going on? obamacare will come in and be incredibly expensive for businesses. taxes are going up. the economy is slow. we may or may not go over the fiscal cliff but regardless the economy is stalled and taxes are going up. there is certainty but not just great certainty. >> as a family-owned business after 91 years of being in business we know there's a business cycle.
what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow u to provide our people employment and create prosperity and we have to be able to do that in a unified way because even though the forecast can look bleak at different times we have an incredibly resilient economy and great job creators out there who just given the chance will make a big difference. that is what we have to continue working on. melissa: but, jim, aren't you afraid of being punished either by the public or by the government for speaking out at this point? i mean i have talked privately to people on wall street who have said, you know, they feel like they get pistol-whipped when they say anything against the administration. that it comes back to bite them. so at this point it is better to either ep your mouth shut or only say positive things. this is what people have told me. >> well, let me respond to that this way. when i ran mailboxes etc. i had 5,000 locatio, $1.6
billion in system sales and i started every year with 70% recurring revenue. the majority of franchise businesses are not large like that. that kind of platform gives you alternatives and choices that you can make. that's why i said all business is not created wall -- equal. companies like tasty light and as catherine understands and so many leaders of small business discussion is exsy stengsal for the -- extensional for the small business owner. they're facing uncertainty and a lending environment that doesn't exist anymore than it has the last five years. if there isn't some certainty brought to this, these people lose their investments, their careers and their companies. that is not a time to remain silent that is the time to step up and speak and as jamie said, we have to begin again remaking the case for free enterprise, free markets and free people regardless who opposes that concept. melissa: catherine, you're nodding. how do you do that? how do you do that? >> i think we have
opportunities like this on your show to talk about it. i had the opportunity to speak about high school kids and free enterprise and what it i can takes to being successful in america and as business leaders we have to do that. i know the fear of speaking out. pre-election ways given opportunity to be on a specific show on a specific topic and i was afraid my stand and how passionate i was about it and how that might play out and affect my franchisees. melissa: really? >> we know what happened with chick-fil-a earlier in the year. melissa: right. >> that wasn't a political stance. it was, belief of the ceo of chick-fil-a. unfortunately reality in today's polarized world with social media, those of us who are willing to speak out have to understand that there is the possibility that those who disagree with us are going to use that against us in this crazy world of social media. and they can do that fairly effectively. melissa: catherine, i want to ask you more about that
on the other side of this break and i also want to ask you guys, ceo of fedex, fred smith of fedex had a different approach to this. i want to get your reaction to the other side of the break. so don't move. we'll pick up with "money"'s executive roundtable. next big vernment bailout this time. the federal housing administration heading toward collapse t could cost taxpayers billions. we'll get to that and so much more "money" coming up! stay with us.
melissa: we are back now with "money"'s executive roundtable. jim amos, chairman of tasty delight and plan net smoothie. catherine monson from fast signs and jamie of white castle. catherine, you were talk about afraid to speak out and customers or groups that support them. fred smith is doing that exactly the opposite in my opinion. he is a been in my opinion a champion of free enterprise in the past. he says there is lot of mythology in washington. going on the vast majority of jobs in the united states
are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catheri, do you believe he believes this? and, or do you think he is saying it to try and toe the party line and make everybody happy? >> i can't speak for him and but i will respectfully disagree. according to the u.s. department of labor, 65% of all net new jobs come from small businesses. i don't know where he is getting his facts but i happy to know, let's talk about the ups stores, a competitor to fedex. they have opened over 100 new franchise locations this year. each one of those locations hires three to five employees. that is 300 to 500 new jobs from small businesses. melissa: yeah. >> i don't know that fedex has hired that many people this year. melissa: jim, i want to ask you because you know
fred smith. what do you think about this comment? >> well, first of all i've known fred for, i don't know, 30 or 40 years. we were in the marine corps together and vet nam together and running mailboxes and later ups store, fedex was a vendor partner. there are very few people i respect more in business than fred. and by the way he is not going to toe anybody's party line. melissa: okay. >> i will say this. fred, i mentioned earlier that all business is not equal and fred talks about big business being engine of the train that runs commerce in america and the small cars and the caboose is small business but as catherine pointed out that is exactly where close to 70% of the jobs in america are created. and all of these small businesses have the desire and dream and belief to become the big businesses or the fedexes of the world. i don't think fred is wrong.
i think he is speaking about job production from the type of viewpoint that he has, but i also think that, that speech is exactly what's wrong with not having small business at the table in washington at this jobs council because it is not intuitive, nor do they understand the heart and mind of the entrepreneur and what either depresses that job growth or creates a robust view to job growth. melissa: yeah. jamie, i mean the point of what he was saying that raising taxes, he was trying to justify the belief that raising taxes will not cost jobs. do you think that raising taxes will cost america jobs? >> well, if you absolutely postively want to kill jobs raise taxes. it will happen overnight. we've got some great research from family enterprise usa that shows that 75% of new jobs are created by family businesses. a lot of those family businesses are pass through corporations. so when those marginal income tax rates go up, the
first thing they do they have to cut employment or freeze hiring plans. melissa: yeah. >> it is a real world impact. melissa: catherine, i want to ask you, taxes going up, what is the impact one way or the other on your business? >> well, let's talk about my fast signs franchises. i will agree with jamie. 97% of our franchisees are subchapter-s or llcs. so they're paying their business income tax on their personal tax return and $250,000 may sound like a lot of money, if it is a salary. but if that is your business, besides paying mortgage and putting food on the table you will also reinvest. if part of the dollars are being spent on higher taxes you're not going to. as those taxes go up our franchisees customers are small businesses. they will have less money to spend because they're also pass-through entities. so they will be buying less from our fastsign franchise east. as taxes go up on middle
income people, if that happens because of the fiscal cliff, they will spend less money at cash register. the businesses they buy from will buy less from fastsigns. melissa: thank you very much. i wish we had more time. promise me you will all come back. >> come back. melissa: thanks so much. >> thank you. melissa: just when you thought there couldn't be anymore bailouts, think again. the federal housing administration is on the verge of collapse and you and i could be stuck with the multibillion-dollar tab. syria's regime now loading bombs with sarin gas? is this ready to blow through the u.s.'s so-called red line? details on this story coming up. do you ever have too much money?
today testifying in front of the senate banking committee how he hopes to avoid a bailout for the federal housing authority. our peter barnes has the latest. peter. >> hey, melissa. republicans charged that a treasury bailout of the fha is coming and the housing secretary could not rule it out. donovan said that washington is closer to one after the latest audit of the fha found it has a capital reserve deficit of about $16 billion. but the administration says it's too soon to say whether the fha will need any treasury funding to avoid a bailout. the agency is increasi fees and making other changes. >> based on all of that do you expect a taxpayer bailout as we sit here today? if so, when? >> based on those steps i believe we've, have significantly decreased the chance of having a bailout at the end of 2013 or having to draw on the treasury. i'm not going to sas sign a
probability at this point. melissa: hmmm. >> the administration says it will signal its intentions on treasury funding when it releases its 2014 budget this coming february and it will actually make a final decision whether to pull the trigger or not next september. melissa. melissa: peter, thanks so much. what does a possible fha bailout mean to us, the taxpayer? here in a fox business exclusive, another one, is former fha commissioner david stevens. he is president and chief executive officer at the mortgage bankers association. thanks so much for joining you us. we're talking about another bail rout -- bailout here and if you look at numbers reserves were still positive last year at $2.6 billion. now they're moving to a deficit of 16.3 billion is the projection. that sounds pretty bleak to me. what happened? >> well, you know we're talking about a portfolio of well over a trillion dollars
and $16 billion is a huge number but it is really driven by the fact that house prices are not recovering as quickly as previously thought and one thing that is very interesting in this acutarial the loans originated in 2010, 11 and 12 are expected to be profitable and help the fund. those loans done during the bad years in this country during the housing crisis continue have a shadow effect to the fha portfolio. that is driving this loss expectation just recently released and secretary donovan talked about today. melissa: there is evidence they are continuing to make bad bets as we go forward. this is part of the program to help people buy houses and help people who have low fico scores and who have problems in the past. maybe their way of doing business, and you're someone who sat at the helm for a long time. maybe their way of doing business isn't sound for the american taxpayer? >> well, look i think it is too soon to make that
determination. no question it is stressed but keep in mind that, you know, lehman brothers failed. freddie mac and fannie mae failed to the tune of $150 billion. fha has been actually a source of purchase money, transactions for the american homebuyer. but to your point, melissa, you're absolutely right in terms of past years. in 2006, 7 and 8, lenders took advantage of the fha. they drove fico scores, credit scores very low. there were bad programs were allowed in the fund. melissa: wait, they took advantage of the fha? how do you do that? >> well, you take advantage of the lowest credit scores that the program allows and you don't put any overlays in it. melissa: but whose fault is that? yeah, raise the credit scores. >> right. melissa: the problem is shaky lending on all fronts and you know maybe if this were a private company that had to answer to share hold or was at risk of going out of business they would think more carefully about the kind of loans they were backing? >> i think you're making an
excellent point. it is reflection what happened in the broadly in the housing finance system. it wasn't just fha as we all know at this point. melissa: of course it is everybody. >> but fha today, the one benefit they have, they have a legislative obligation to break even and actually have a capital reserve which they're below right now. melissa: yeah. >> the law demands that the secretary get it above. so they have put fico floors in place, for example. but that is recent history. it doesn't protect the fact that you still have hundreds of billions of dollars of mortgages originated over the past many years that are going to plague this fund for several years to come. melissa: yeah. >> the question is, can they outrun it? can they bring in enough good loans to offset it? melissa: i want to ask you before we run out of time i'm very worried about our tax dollars tonight. on a scale of one to money, how likely is it we'll have to bail out fha. >> i would say twor a three. i will give you a two. there are variables that could allow this thing to go through. melissa: you're a good
sport. >> thank you, melissa. melissa: i feel better with a two. that is better. >> okay. melissa: next on "money", syria on the brink of using weapons of mass destructions. how close are they and what is the economic impact? we'll talk to a former fbi agent to find out. plus, yelp users beware! the next bad review you post could land you in court. one review has the owner suing her for 750 grand. he is here to explain. "piles of money" coming up.
melissa: turning now to increasingly dangerous developments in the middle east, the situation in syria could reach catastrophic levels now that reports from bashar al-assad military's has loaded lethal chemical weapons into aerial bombs and is awaiting final orders to use them. here to tell us what it means and the economic impact is a former fbi special agent and national security and counterterrorism expert. thanks for coming on tonight. >> thank you. melissa: give us your reaction to the story. it seems like we're reaching a critical point. >> absolutely. this is extremely dangerous and probably one of the reasons secretary clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian
issue, the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in any way, shape or form. the syrian, the russian president, putin, a couple of days ago when he was in turkey, he gave some signals that the chemical weapons in syria are secure. so now i think we need to sit down with the russians to see if they have any guaranties to the security of these weapons. >> talked about how the international community could try to prevent this and there are two weapons we really have. there are weapons weapons and there is money. is there anything, what could we do at this point to try to stop this from happening? >> well i think, you know, the regime of syria has these weapons. i'm not sure they will sell them or if we put some money on the table that will solve this. melissa: no, but is there aid to another country, aid
to egypt, russia? the way you get somebody else to come in and argue for the same things that you are arguing for. >> sure. melissa: what could we do on an international stage? >> so far on the international stage there is only two countries still supporting the assad regime in the international institutions like the u.n. for example. one is russia and second is china. you have iran but iran is considered an outlaw on the international system today. so these are the countries that are still supporting syria and it's time for the russians to basically come clean about their support to a regime that is getting ready to use chemical weapons against its own people. syria is breaking down. syria is not libya. syria is the middle of the levant. if syria breaks down it will spill over into jordan. it will spill over into iraq. it will spill over into lebanon. all these places are powder kegs waiting to explode. the russians have the responsibility to sit down with the international
community and explain why they are still supporting this regime that is willing to use, it seems, chemical weapons against its own people and that's not the first time these weapons have been used against innocent people in the middle east. remember saddam in the '80s used them against the kurds killing thousands and thousands of people. melissa: no, this is terrifying and devastating. of course the home toll is tragic and something we can't comprehend. economic toll is huge as well. u talk about it spilling over into all the other countries. >> absolutely. if it spills over into these other countries we'll feel it here in our stock market. melissa: yeah. >> the situation in syria from a economic perspective is disasterous situation. in the last five weeks the syrian lyra lost 15% of the its value. in the last 20 monthshey have lost 50% of the its value. there is no hard currency in the country. when the economy collapses the government will collapse. melissa: thanks so much for
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meliss o melissa: so much for a penny for your thoughts. how does $750,000 sound? that is what one yelp and angie's list user is being sued for all because she wrote a critical review. isn't that what those sites are kind of for? here with fox business exclusive. we have the founder and owner of the business. he filed the lawsuit. chris, thanks so much for being here. i want to lay the facts out and respond. you were hired to paint, refinish floors, perform electrical and plumbing work. do some other tasks. this is in a woman's home in june of 2011. she claims, what she post posted, left damage to the home. my work had to be reaccomplished and i found jewelry missing. bottom line, don't put yourself through the nightmare. basically called you a thief and said you damaged your home. how do you prove these things are untrue? >> growing to the sources. she stated i stole jewelry. went to the police and asked for a police report.
got a copy of it. it is a closed investigation. regarding the investigation they simply followed up with a complaint that miss perez made. and when they found there was no evidence to her basis for the complaint, they closed it saying all leads exhausted. and regarding the accusations of --. melissa: the work, yeah. >> the work, you have a situation here where i did the work, 150% and she never paid me deposit, never paid me any other payments. at very end asked for a punclist she said hey have to look for checkbook. we'll talk about it tomorrow. the next day she fires me and pays me nothing and files a police report. very time interesting. melissa: you know, this is a really tough problem that a lot of people now, with all these online sites have. i have talked to many other people who said, other people posted negative reviews about them. >> right. melissa: it has a big, dell tear russ effect on your business. >> very important for the reputation. melissa: no, absolutely. for her she would have
needed to take pictures i would think of the damage that you did but even then you would need to have before-and-after pictures. it's very hard for either of you to really prove your case, right? >> well, we're not arguing about damages or poor performance that is an opinion. she is allowed to have her opinion. but when she calls me a iminal that is not acceptable by the law or myself and i will not stand for that. it is simple. melissa: how did you get the number 750,000 by the way? obviously the work was a lot less and that is big number. >> that is big number, but i deal with high volume clients and large ticket items. high-end kitchens, bathrooms, full renovations, additions. i don't install a door for $200. i do high volume. her postings were up for 12 months and little number. i can't even begin to put the price tag. i think 750 is actually low. melissa: how do you quantify how much money you lost though. >> well, i know for a fact i have written documentation of one client, high-end
client one of my vendors recommended services to for high-end kitchen and three bathrooms. she said hey, look i will do due diligence. melissa: saw this and said she wasn't going to do it. i'm sorry to rush you but we're out of time. what have they told you about chances winning the case. >> historically we're never awarded the preliminary up junction and we won yesterday that bodes well for the next phase that we're headed towards. melissa: yeah. thank you so much for coming on. it is a really interesting situation. >> thank you, melissa. melissa: people find themselves on both sides of this. this is big one. thanks so much. >> thank you. melissa: so it's the end of the world. australia's prime minister says the mayians apocalyptic prophecy will come true. complete with zombies. we'll explain that next. you can never have too much money.
♪ melissa: before we get to my very favorite part of the show i want to give my sos class their 15 minutes or well, 15 seconds of fame. a shoutout to janice dean, the weather machine, for hosting my son thompson's class this morning from st. stephens of hungary. look how cute they are the budding meteorologist. mine is the one pushing in front. that's him, oh, boy. thank you, janice.
for my official favorite part of the show. spare change. we're joined by two of the best. fox news little analyst, arthur aidala and mercedes cohen. thanks to you both. you can't make this up. australia's prime minister made an alarming announcement last night via youtube. check it out. >> it turns out that the mayan calendar was true. while australia's best and brightest at the csi have not been able to confirm this i'm confident in triple joe's prediction that the world is about to end. whether the final blow cops from flesh-eating zombies, demonic hill beasts or from the tribes, if you know one thing about me it is this. i will always fight for you to the very end and at least this means i won't have to do q&a again. melissa: all right. goes on to talk about, she says, i mean does it all with a straight face. isn't great. >> was she hitting a bong before making comment?
excuse me one second. give me a break. >> i applaud it. melissa: you applaud it? >> i think it is great. so nice when someone lets their shoulders down to make a few jokes. so lighthearted. everyone is so up tight. april fool's a little early. melissa: i was a little worried she was serious. i have to admit it took me a second to get it. >> it was great. i was expecting psych! i've been watching discovery every day. they have the mayan calendar every day. we're done with the zombie eating stuff. >> point about doing q&a. hi, i'm joking. refreshing. do it again. melissa: you haven't heard this before. no eating while driving. that's right, you better not get caught with a slice behind the wheel in one south dakota town. it was banned as part of ban on texting and other distracting activities while driving. i don't know what do you think? are they taking it too far? >> the statistics bear it out they're really not. melissa: no eating while
driving!. >> think about it. texting, here is the cup of coffee. hit a speed bump. the cup of coffee drops in your lap. and got a stick shift. i'm driving a stick shift car. >> that is why he is okay making the ban. melissa: difference with texting, looking down and looking off the road. eating i feel like i've been eating a couple years now. i don't need necessarily look at my food. i think i can get it done. >> what about spillage? melissa: yeah, i guess. >> like trying to drive and everything else. melissa: eating salads? >> no one is eating salads while you're driving. >> i've seen people putting nail polish on and driving. >> eat and drive, just got a bagel with two slices no lettuce, no tomato to minimize the possibility getting on my tie. that is distracting. i'm heading to fox. came here with mustard. melissa: we have people that can help you with that. wardrobe, fabulous people
out there. where is samuel l. jackson when you need him. just like a scene from the movie "snakes on a plane" a flight was forced to make an emergency landing after egyptian cobra hidden in a passenger's bag escaped. the deadly cobra bit the man who brought him on board and slithered down the aisle. maybe he deserved it, scaring the pants off every passenger on the flight. where do you start with this one? >> onto the snake and run for the hills. that's what i would have done. >> look, it's stupidity, let's face it. that is not cool. you don't bring a cobra on --. melissa: let me ask the obvious question. how did getit on the plane past security? >> there is no metal in it, right? >> but they look in the bag. >> they don't look in every bag. they're looking for bombs and liquids, right? >> i had a flashlight in my purse and pulled it aside. >> metal. >> flashlight. plastic? >> battery. melissa: in case you ever wanted to smell like pizza,
who doesn't, pizza hut has a new per full, a scent like hand tossed fresh dough. right now only available in canada. what do you think? don't you want to smell like pizza. >> i have to go get it. i'm sicilian. >> doughnuts for me. melissa: krispy kreme perfume. let's go to the next story. sotheby's auction house in london set a record for drawing no less. this is by famed artist, rafael, and sold for earth shattering $47.9 million for a drawing. dramatic bidding match only lasted 17 minutes . what do you think? was it you? did you buy it? >> talking about having a few shekels in your pocket. 50 million bucks a guy from england who got it. but rafael comes from a beautiful town in italy. in italy he is the man. he is right there. he is right there with michelangelo and da vinci
but there is no color. >> it's a sketch. what is it with, pencil, char coal? no oil. $47 million? melissa: was it you? it wasn't me. >> i would bid 47 cents. melissa: up next, the artist, psy famous for gang nam style is not making money from song sales that was only 60 grand. instead he is making nearly $8 million from youtube ads, eye tunes downloads, even commercials. since july the video has had close to 9 million views which is even more than justin bieber. love it. >> i love it. i love --. melissa: i'm staring at it. >> my 8-year-old nephew, he brings the house down every time. that thing comes on and he goes crazy. i don't know what it means. don't know any word of the song. melissa: bet you can't do that dance. >> in the shower,o?